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HomeMy WebLinkAbout1325 , ~ . i ~ ~ To plac~ and co~tirtvousfy kea!~ on the bulldtnya now a M?re~ftt? ~Itu~te on atd land and on ail equlpmtr?t en~ ~trwrwlly cowrsd by tht~ mor~9. i p~, with t!1 pnmlum~ t1?s~ron pa(c! in fuil, fire Iniurbr~te In Ihe usuai ~tande~d poqcy iotm. 1n ~ wm ~pprovad by the M08TGAGEE, •nd wtnd~torm irawarx~ In iM vaw) ~tuxia~d policy form, I~ ~•um approved by the MORTGAGE~, Iri wch tompany or tompaMe~ es ~1+~ MORTGAGEE may dtred~ and a!i fk~ and wJndsw?m insur~rx~ polkie? on any of uld bulldinqs, any Inteteit th~raln or p+rt thereof, !n tM agyrsgit~ tum ~faessld a h szaa IMrwf, ~!?all contstn IF» v~u~l ~tandard mwlga9ea tlevse ot tuch o~har cleu~~ es the Mats~gea m~y roqutn, maktn~ the totii undsr ~eid poli. ~ ci~t, ~ach and ~wry, pay~~4 Io seid MORTGAGEE a~ its interett may appeu, and aach and every wch pc~ltty ~hatl be promptly a~i:g~xd ~nd delivered to a~y held by s~id MORTGAGEE (unhas recurlty to said mort~~pe debt, and, not los• than t~n (10) c~ayt In advance of the sxpiration of each poli y, to da ; Ilva to ~aid MORTGAGE@ a rsrwtvil IhereoF, toyetMr with a tetalpt fo~ IM premtum of ~uch renawai~ end than ~haN be no firs or wtrtd~tarm ~nsuranc~ ' piic.d on ~r?y of s+ta ?wtldinp~, any inter~et thereln w pari ~hereof, unless In the form and wtth the los~ payabla afaeield~ and In ths •ven~ any ~um of rtwnay bvtornts payable under tvch polity or polities ~sid MORTGAGEE ~hall have ths option to receive and epply the ~sme on accouni of the (ndebted- i,` nsis kcur~d heteby o~ to pe~mil t~fd MORTGAGORS to ~ecetve and use it or eny part thereof tor olhet putpoees, wllhout lhereb~ waivi~~g or impair k+Q sny puity, Ilen o~ riyht under or by virfue of fhi~ mottg~gep and In 1he svenl ~aid MORTGAGORS thall fo~ any reaton feit to keep the •eid premtsc• ~o t Iruvr~d, a f~il to dellver promptly ~ny of •aid policies of ini~rance to said MORTGAGEE, or fail p~omptly to pay fully any premt~m tharefor or In any. i • r~sptct f~il to perform, discharge, axacvts, effact, tomplsle, comp!y wlih snd abide by this covensnt, a•ny pul hereof, ssid MORiGAGfE may place and f'~ pay fa tuch Inw~anc~ or sny part thereof withwt walylrr~ a affecting any, opllon, Ilen, ~quity, or ~ighl under or by virlua of this Morlpeye, end 1M full ~mount oi each a:~J every ~uth paymeM sha~( be immtdislely due and payable and ahall bear intero~t from the data ihereof until paid a! ths iat~ of aiM p~r canivm par annum end toge~her wiih avch inlerest ~hali be secured by the Iten of thfi martg~ge. i f ~ I. to p~mit, oommH or suffer no ~raste, impairment w dete~ioration of iaid propetty or any part thereof. f• 5. to pay all ~nd tiny.~ir the cost~, chsrye~ •nd ~xpentss, (ncluding a reasonabie attomey'a fee and costt oF abslratl• of thle, tocurred or patd ~t . i j ;s ~ny ttms by ~aid MORTGAGEE, baauso a in tF?m ev~nt of the failure on the part of ihe satd MORTGAGOR to dvly, promptly and fuUy perfwm, discharge, •t ~xecvts, eff~ct, comple~e, comply with ,nd ibids by aach and every the ~tipulationi, agreemanu, coodition~~ ~nd covenant• of seid promissory ~ote ~nd thi~ r martypa any or ~itFur, and said cosi~, chuges snd ~xpenses, each and every, ~hall be tmmadiately due and pey~ble~ whether or not lhera be natice de- ; mard, ~ttempt to coilect or iuit pendiny~ and the tuN smounT of eech end avery :uch payment ~haN bea? inteiest f~om ths dats 1Mreof until pdd •t tfit f~ ,?al~ of nin~ per tentum per a~n~mj and all said costt, char9ei and expan:e~ incvrred or paid, togethar with iuch intenN, ~hsll be tetuted by the lian of this ~ - , . enortppe. 6. That tn the evenl of any breach of ihii Mortgage a default on the part of the MORTGAGOR, or (b) tn the evant any of ieid wm~ of rtwnay F~r.tn r~ferrad to be not prompfly and fully paid wifhin thirty (30) day~ next afte~ the sarne sevcrally become dvs and payable, without demand or notico, or in iht wsnt e~th ~~d avery tha stip~lations, sgreamenU, conditions arx! covenant~ of said p~omisaory note and this mort~sga a~y or ~ithar ~re not E~ : ~ly, promptly ~nd fully performed, diuharyed, execuled, effected, compteted, complied with and ablded by, tMn tn ~fthe? or sny such went !he said sq~ ~ t prep~t~ sum mantaned tn ~eid promJisory oole then remslniny ~npaid, with interest sctrued, and all moneyt set~red hereby, :hall betome due and p~y~ ~bl~ forthwith, or thereafter, at tM option of said MORTGAGEE, as ful(y and completety a• If all of the wfd sums of money ware ortgtnetty Hipulated to be paid on such day, enythiry tn ~aiJ promitsory note or tn this MortQiQe !0 1he contr~ry nolwilh~tandlnpj and thereupon or thereafter at the option of ~ saW MORTGAGEE, without nofica or demand, suit at law or In equity, thereforo w thereafter begun, may be proucuted ~i lf ~II mortey~ ~ec~rad hereby ; had matured prior lo it~ In~litution. • . 7. That ln the evenl ~hat at tha begfnntnp of or a! any time pendlny ~ny iuif upon thb Mortgagt,~ot to foor~close !t;'or to ~afam N, or to enfora r payment of sny daim~ hereuoder, satd MORTGAGEE shall rpply to thw Court havirvg (urisdictlon Ihereoi for t1» appoiMment of a Recelver, tuch CouN shsll fnr~hwlth appatnt a receiver of ~aid mortgaged property al{ •nd ~ingvlsr, inclvd;ng all and }iRgvt~r the tncome, protits, fssues and ~svenues' from whatevar source derlved, exh snd avery of which, it betr?p expre~aly understood, i: hereby mortgaged as if tpeciilcally set forth snd deeuibed In IM ~rantin9 and Mbendwn cl~uses hareof, ~nd •uch Recaiver shall have all the broad and effectiva fonc~~ons and power• in anywisa entruated by ~ Court ~to a Rocatver, and r wch appolntment ~hall be made by ~uch Court as sn admHted equity and a matro~ ot absoluro rtgM to said MORTGAGEf, and withovt rsferertts to tM •dequuy w Inadeqvscy of th~ wlue of tho property mortg~ged or to the solvency or imolvency of ~~td MORTGAGOR a the d~fend~nts, and that avch renn, pro(ib, (~come, bwas snd rtrenu~s thall ba appl;ed by iuch Receiver according to Gha lien or poity~o'f'iaid MORTGAGEE and tM pr7ctlcs of tuch CONIf' f B. To duly, promptty and fv!!y perform, dFUharqe, execvte, effen, complnte, comply wilh ind ablde by e+ch ~nd every tM sttpul~ttons, ~yreemenn, ~ - caiditiora +nd covenan?i in ssid promiuory note snd this mwtyage ~el fwth. ,a - 9. That In 1M tvent the ownerihip of the mortgaged premises, or any part ihareof, becom~~ wsted tn a, perwn otF~ thsn 1M MORTGAGOR, tM MORTGAGEE, (ri wcceuon and aisigni, may, wtthout notice to the MdRTGAOR, deal with tuch wccsuor ot suctessot En interat' wi~h relertnce to thi~ mortQa~e and tht debl hereby secwed tn the •ame msnna~ a~ with Mortga9or without (n sny way vtfl~tinq or diKharylnQ ths Mortqagon' Ilsbllity Mr~ ~ . ur~der or upon tM debt h~areby secured. No ssle of the premiset hereby morigagnd and no forbe~r~nct on ttN p~ri of th~ MpRTGAGEE or iri t~ttesfon f~' . or ~utgru ud no ~x~ension of the time .for the paymenl of the debt hereby secwed p1Kqn by Ihe MORTG/1GEE ar. ifs~succeuora or euiyns, ifial! o~arat~ ro relosi~, discharye, modify change or affett the original Itability of ths MORTGAGOR Mrsin, either in whols w(n part. r 10. It Is spectfically apreed thal tima Ia of tbe esssnce of lhis tontract end that no watvtr of any oblJyation Mreun~r er of tM obil9albn st- ~ cur~d h+reby thall a1 eny time thereafter be hetd to ht • wa(ver of tha te~ms hereof ar of the trufnrmsnt secursd h~rby. : , t 1, in add~tlon to the fotcgo:ng monthly payrtwnt~ of p~inc'pal and interett required by the promitwry no1~ uctried hsreby, mwlgapo~ cov~n~nb ' _ snd ~gre~i to pay to mortyagee with cath monthly payment an additional •~m eslimaled by morfgagee to be eqval to 1/12 of the annual cost of th~e follow- /l-All real preperty taxef (eviad or assessed a~ain~l the abovs deuribed rest esUts. ' • i. 8-Premiums an ftro and wtndatorm irtauranca a: herein required to be ce~~ied an ths tmprovementi situate on tl» ~bove detulbed pteml~es, C-P~emiuma on such morlgaye ~u~ranry insurance a~ mortgagte ihall from time to ttme deem fit to urry on fM ban ~mcvred hereby. r-'.' Morty+gee ~hall from time to time notify mortgegor in writing of 11?e amovnt dus and payable Mround+r and tvch wm shsll thereupon be dw ~rd S::~ pay~bl~ on tbe due date of the next monthly paymenl and each svccesstve month thereafter untll monysges ~Fu11 notify mortgayQr of ~ chan~~ ~n tuch ~ , amounl. Such sums shall be applied by mongsyee toward ths payment of real properry Nxe~, imurance premiurrw, and mwtqag~ ~wr~nty t rinc~ . ` pr~mlwns. . . , IN WITNESS WHEREOf, the satd MORTGAGOft has fiereunto set hii hand snd seit tha day ~nd yas W, / ~ Siqned. Sr:lad ~nd deHwred in tht presenu ofr ` t ~ _ : ~ ~ ~ - ~ ~ : I~ , STATE Of FtORIOA ; ' ~ _ St . L~c i e ~ . 6.for. p.nor~+~~y .pp~.na Llo~jd Tavl r ~ ~ • f!'1 ^.t = r? • T :~i-.~~ ~j • l:.~. !a rs : ~ ~ ' ' : , krnx-s e:~ Ms ~ !+s ~ tia tndrvWwts de~uibed F~ and who ~xscvt~cf tM Instrurtwm, and ac~uwwNdp~d btfor~ rne that tMy ~x~a,t~d th~ su~ for th~ purpae~ : ,fi.r.~, .X~~a. ,4,a ,,,~Clotilde ~Tavlor - ~ a' ~ ~ wlf. af Pht safd - ~1f1SLf~. T'~~3~'' ~ ~xuninafion b rm taken s~ ra~i sod . vpon • wpraN and priv~l~ y Pa ap+r1 from F~a atd hu~bind, acknowiedped to ~nd b~fa~ m~ tfist aM ~x+wt~d ~ald (~»trumeat fr~ely ~r~d vofwr tarily aed without ~ny compulaton, conshatnt. +PpreMnsan or f~ar of ar from Mr sald 1K,sl~~d, ~ WITNE55 my h+nd ~nd offkial s4al d~y of ~'-Lt'Ji~~ . A. D. 19~ ~ .+L~. . ~ - : ' +ry Publk In ,rid for rA~ Se.a of Ftork. .f I~rp~ ~ ~ , , My Conwnission ~xpins~ . . R~tvrn Ta Nltsryt Pub1iC~ Stib N FbfWi at . ~c, E'd"'' ~",,.t '?.~°~~.t~°^ . 1~~28~ ~MY C~issiat Ex~ires March 18,~i'~'~" e ~ : ~~.N'" ~ i • ~ 6oroaa I?mer~ca~ su~•cy c.. •r N. Y. • ~ . . a . _ ~ ~ . ~ • ~:T A " . c ~0y~ r i r ' " . ~ ~ ~ ~ Q 4' . r' nG~ 1 ~i~~~ • i:~.~~i f ' . . ' _ ~ siaQ 1~acoi~n UK r?~ ' . , w t~~• r~~ ~ J~ ~ . ' : . . " r~ ~_Ir ~~+~si ~ ~ - ._VO t•~~~ ~F ~ . r ~ 'r~ . ' M + ~r~~ y. . f I • + ~ -I'~ ~ ~ - :`~~''~p~ 8~~ l9640EC .4 ~PM 3~ 22 ' .ti : . , -j i ~'c~'`- ~-x~' - 6 ' . ~jkF ~ , f ' ' ~ 4~ : , t~ , . ~ F~~' ~ ROGER POITRAS, t~ERK . ~ ~ . . . , , ~ R t _ ~ ~t. IUCIE COUNtY. flOR10, •ti,, ~a7itt~ . ~ ? . . . j ~ ~.05 Fa~c125 : . ~ . ~ . ~ . . ~ . _ ~ ~ C~ }_i~r~ =t, .